An amount is treated as overdue if it is not paid on the:

Question

Accepted Answer

D. Due date

1. The bank fixes a date for each credit facility.
2. Accounts are flagged in the day-end process.
3. Anything unpaid on the due date is overdue.
_Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_

Answer

Duty date

Answer

Debit date

Answer

Draw date

An amount is treated as overdue if it is not paid on the:

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